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Project Accountant Interview Questions
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How would you come to a resolution disputing material costs for a project that you shared materials with?
User Submitted Interview Answers
1.
Agree % used internally and find out what the other project though and negotiate - also not get too bogged down of all costs are incurred by company anyway.
2.
The numbers don't usually lie. If it could be determined who used what then I would itemize the material costs and do it that way. If that wasn't an option I would see if we could find a resolution by determining rough percentages of what each project used and allocate it that way.
3.
I will check another supplier and remve this supplier if necessary.
4.
Share using number of output if it is quantifiable. If not base on percentage on turnover.
5.
I would take the total cost of the material and charge the percentage of the costs inline with the amount of materials each project used. This would be the fairest resolution as it would be unethical for a project to bear costs attributable top another project.
6.
Split the cost.